AltiGen Communications Inc. (OTCMKTS:ATGN) Short Interest Up 68.5% in February

AltiGen Communications Inc. (OTCMKTS:ATGN) saw a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 1,968 shares, a growth of 68.5% from the January 29th total of 1,168 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 124,090 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 124,090 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

AltiGen Communications Stock Down 1.3%

Shares of ATGN stock traded down $0.01 during mid-day trading on Friday, hitting $0.45. 9,080 shares of the company’s stock were exchanged, compared to its average volume of 40,005. The stock has a market cap of $11.72 million, a price-to-earnings ratio of 22.66 and a beta of 1.04. AltiGen Communications has a fifty-two week low of $0.33 and a fifty-two week high of $0.72. The stock has a 50-day simple moving average of $0.44 and a two-hundred day simple moving average of $0.55.

AltiGen Communications (OTCMKTS:ATGN) last released its earnings results on Thursday, December 18th. The technology company reported $0.01 EPS for the quarter. AltiGen Communications had a return on equity of 6.37% and a net margin of 5.51%.The firm had revenue of $3.47 million during the quarter.

About AltiGen Communications

AltiGen Communications, Inc is a provider of voice-over-IP (VoIP) telephony and unified communications solutions designed primarily for small and medium-sized businesses. The company offers a range of IP-based PBX systems, contact center applications and unified messaging products that enable organizations to streamline inbound and outbound voice traffic, automate call routing and integrate voice mail, e-mail and conferencing functions into a single platform.

Founded in the mid-1990s and headquartered in California, AltiGen develops both hardware appliances and software modules that support analog, digital and SIP-based telephony endpoints.